Former Volkswagen Chief Executive Martin Winterkorn has been asked to testify before a German court in connection with a lawsuit seeking damages from the carmaker over its emissions cheating scandal, a German paper reported on Thursday.

Judge Fabian Reuschle of the Stuttgart regional court has summoned 28 individuals to testify at a trial which starts in mid-September, Bild said, explaining that Bosch CEO Volkmar Denner and Audi CEO Rupert Stadler were among those facing questions.

The company is planning to sell new shares worth about $117-$147 million in a deal valuing it at about 400-500 million euros, people close to the matter said, adding that the listing would likely take place in late June.

Germany opened the door to diesel bans in February when it allowed environmental groups to sue cities which fail to enforce Europe's clean air rules, despite fierce lobbying to oppose bans from carmakers.

With the driverless CUbE (Continental Urban Mobility Experience) from Continental, students – accompanied by a trained test engineer – can conveniently travel across the campus without having to cover the distance between the buildings on foot.

Volkswagen's new CEO said Friday that the automaker must "significantly step up the pace" as it pushes ahead with electric and self-driving vehicle technologies and offers transportation as a digitally driven service.

The app "is itself not a taxi company, to which fixed prices would apply. It only acts as an agent for taxi orders that are independently carried out by taxi companies," the Federal Court of Justice said in a statement.

"Currently we have no plans for further purchases. We will concentrate for now on the development of existing holdings. There are many ideas, and there is much to do," weekly Bild am Sonntag quoted Li as saying in an interview published on Sunday.

"The share of potentially affected diesel-vehicles in the securitised portfolios is typically in the low-single-digit percentages and only about 30 percent of the obligors reside in low emission zones," Moody's said.

​​This comes as a surprise to the industry as Rakesh was recently elevated to the position of Directo Sales and Marketing which was the third promotion for him in six years of his tenure in the company.